U.S. seeks forfeiture of $25 million in crypto tied to romance and investment scams

CoinDesk·

U.S. seeks forfeiture of $25 million in crypto tied to romance and investment scams

60-second summary

The U.S. government is seeking forfeiture of $25 million in cryptocurrency linked to romance and investment scams, adding to the over $800 million recovered by a dedicated federal task force.

The cases add to more than $800 million that authorities say a dedicated federal scam task force has recovered.